《Warrants Passion》Among the major business categories, conglomerates, utilities, and telecommunications are currently the strongest in the ultra-short-term. In the short-term, conglomerates are the strongest. Among the 150 securities monitored by the author, the ones with the highest current ultra-short-term speculative value are Huazhu Group (01179), China Resources Power (00836), and NetEase (09999), which can serve as references for buying related call warrants or bull certificates for profit. In the short-term, China Resources Power is the strongest. As for securities to consider when buying related put warrants or bear certificates for ultra-short-term profit, SPDR Gold (02840), Yangtze Optical Fibre & Cable (06869), and AIA Group (01299) are recommended as top choices. In the short-term, SPDR Gold is the weakest.
Yesterday (28th), the Hang Seng Index rose to 24,767, but no forced redemptions of Hang Seng Bear warrants occurred, indicating that the bull big players have not yet successfully regained market control. The author believes that to see the Hong Kong stock market officially enter a short-term rebound wave, it is necessary to quickly see the bull big players successfully aggressively build up long positions; otherwise, prolonged uncertainty may provide bear big players with another opportunity. Objectively, the Hang Seng Index recorded a bullish 'hammer' reversal pattern on the candlestick daily chart last Friday (25th), which was already favorable for a rebound. Yesterday's market fluctuated positively, and as long as the ultra-short-term pattern of 'each wave higher than the previous one' can be maintained, the short-term outlook should have the conditions for gradual improvement. The heavy concentration zone for Hang Seng Bear warrants is currently located at 25,000-25,099, with a total of 25 bear warrants; if the Hang Seng Index is pushed up to 25,099 by the bull big players, a total of 64 bear warrants will be forcibly redeemed, generating the buying power equivalent to 1,744 Hang Seng futures long contracts.
Chief Advisor of Economic Intelligence and Trading Intelligence, Leung Yip Ho (Website: www.BennyLeung.com)
*Articles published in Economic Intelligence, signed or unsigned, represent the personal opinions of the authors and do not reflect the stance of Economic Intelligence. Economic Intelligence's role is to provide a platform for free speech.
Yesterday (28th), the Hang Seng Index rose to 24,767, but no forced redemptions of Hang Seng Bear warrants occurred, indicating that the bull big players have not yet successfully regained market control. The author believes that to see the Hong Kong stock market officially enter a short-term rebound wave, it is necessary to quickly see the bull big players successfully aggressively build up long positions; otherwise, prolonged uncertainty may provide bear big players with another opportunity. Objectively, the Hang Seng Index recorded a bullish 'hammer' reversal pattern on the candlestick daily chart last Friday (25th), which was already favorable for a rebound. Yesterday's market fluctuated positively, and as long as the ultra-short-term pattern of 'each wave higher than the previous one' can be maintained, the short-term outlook should have the conditions for gradual improvement. The heavy concentration zone for Hang Seng Bear warrants is currently located at 25,000-25,099, with a total of 25 bear warrants; if the Hang Seng Index is pushed up to 25,099 by the bull big players, a total of 64 bear warrants will be forcibly redeemed, generating the buying power equivalent to 1,744 Hang Seng futures long contracts.
Chief Advisor of Economic Intelligence and Trading Intelligence, Leung Yip Ho (Website: www.BennyLeung.com)
*Articles published in Economic Intelligence, signed or unsigned, represent the personal opinions of the authors and do not reflect the stance of Economic Intelligence. Economic Intelligence's role is to provide a platform for free speech.
